Headline News:

• “Elon Musk Awarded Nearly $1 Trillion Pay Package By Tesla Shareholders” • Tesla shareholders awarded CEO Elon Musk a pay package that could grant the tech entrepreneur nearly $1 trillion in compensation over the next decade. The full amount would only be delivered if Musk vaults the company from its present value of $1.1 trillion to $8.5 trillion. [ABC News]

Elon Musk at CPAC (Gage Skidmore, CC BY-SA 2.0)

• “Renewables To Account For 73.3% Of Australia’s Electricity By 2035” • Australia is in a rapid energy transition, driven by strong government policies, abundant solar and wind resources, and ambitious net zero targets. Renewables are forecast to account for 73.3% of the country’s total power production by 2035, data and analytics company GlobalData says. [Energy Global]
• “USGS Designation For Coal Ignores Law” • The US Geological Survey added metallurgical coal to a list of “critical minerals,” which could let the Trump administration to steamroll bedrock environmental laws for mining it. Sierra Club and over a dozen other groups wrote to detail why met coal does not meet any of the criteria for this designation. [CleanTechnica]
• “With Democrats In Charge, Spanberger Targets Lower Energy Bills And Higher Costs For Data Centers” • Fresh off a decisive election night, Governor-elect Abigail Spanberger is promising a sharp turn in Virginia’s energy policy, vowing to boost in-state power generation, lower costs, and force data centers to “pay their fair share.” [Virginia Mercury]
• “XPENG Unveils A868: A Leap Toward Long-Range Flying Mobility” • XPENG Aridge pulled back the curtain on what could be the future of intercity travel. The A868 Vertical Take-Off and Landing flying car represents more than just another concept vehicle. It’s a signal that the VTOL flying car is entering a new phase of development. [CleanTechnica]

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